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Business Developments & Projects

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Cavotec entrusted with Maldives’ first shore power system order
Business Developments & Projects

Cavotec entrusted with Maldives’ first shore power system order

Sweden-based cleantech company Cavotec has been contracted to deliver the first shore power system in the Maldives.

about 10 months ago
FLNG Hilli Episeyo; Source: Golar LNG
Business Developments & Projects

NOV lands work on Argentina’s first FLNG project

Oilfield services company NOV has won a contract to provide a mooring solution for an offshore floating liquefied natural gas (FLNG) project in the Gulf of San Matías, offshore Argentina.

about 10 months ago
ACWA Power taps L&T for renewables and grid scope of green hydrogen hub in Yanbu
Business Developments & Projects

ACWA Power taps L&T for renewables and grid scope of green hydrogen hub in Yanbu

Indian multinational conglomerate Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Saudi developer of green hydrogen plants ACWA Power for a green ammonia project in Yanbu, a port city on the Red Sea.

about 10 months ago
STAX Engineering
Business Developments & Projects

STAX Engineering ramps up UK port operations with $50M investment

STAX Engineering, a California-based company specializing in maritime emissions capture and control, has decided to scale up its operations in the United Kingdom with an investment of up to £38 million ($50 million) across UK ports. As disclosed, STAX Engineering is currently discussing collaboratio

about 10 months ago
OSIP floating platform concept illustration
Business Developments & Projects

Bay of Fundy tidal energy projects receive $10.7M federal boost

Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Oc

about 10 months ago
FPSO BW Opal; Source: Santos
Business Developments & Projects

‘Major milestone’ for Australian project: Santos unveils first gas from BW Offshore FPSO

Australian energy player Santos has revealed the beginning of production operations related to a floating production, storage, and offloading (FPSO), which is managed by Norway’s BW Offshore and deployed at its project off the coast of Australia’s Northern Territory.

about 10 months ago
Rosneft
Business Developments & Projects

EU’s 19th sanctions wave targets Russia’s energy lifelines: LNG ban, oil cap cut, and step-up in shadow fleet purge

The European Commission’s proposal for the 19th package of sanctions not only deepens the shadow fleet sweep with 180 new vessel listings, but also tightens the energy noose on the Kremlin with a liquefied natural gas (LNG) ban, marking a turning point in the EU’s attempt to wean itself off Russian

about 10 months ago
Lac Da Vang - A Platform (LDV-A) jacket and piles; Source: PTSC M&C
Business Developments & Projects

Jacket load-out ticked off: Murphy preps for installation ops at its Asian oil project

Murphy Oil has made progress in the development of its oil project in the Cuu Long Basin off the coast of Vietnam, as the construction of a jacket for a central processing platform (CPP) destined to be installed at the site has been completed by PTSC Mechanical & Construction (PTSC M&C), a Vietnam-h

about 10 months ago
FSO Pargo
Business Developments & Projects

Perenco starts breathing new life into mothballed Brazilian assets

The Brazilian subsidiary of Anglo-French oil and gas player Perenco has started the reactivation program for two assets offshore Brazil previously owned by the country’s state-owned giant, Petrobras.

about 10 months ago
TGS and Viridien finish survey over BP’s Gulf of America field
Business Developments & Projects

TGS and Viridien finish survey over BP’s Gulf of America field

Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, have completed the acquisition of an ultra-long offset ocean bottom node (OBN) survey in the Gulf of America (Gulf of Mexico). The Laconia Phase III ultra-long offset OBN survey include

about 10 months ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig

Norwegian state-owned energy giant Equinor has received the all-clear from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway.

about 10 months ago
Shelf Drilling Fortress departing Invergordon
Business Developments & Projects

Hibiscus spuds one of only three UKCS wells scheduled in 2025 as sector faces ‘historic lows’

Malaysian independent oil and gas exploration and production company, Hibiscus Petroleum, has spudded a new well at a field in the Central North Sea (CNS) off the coast of the United Kingdom.

about 10 months ago
Damen
Business Developments & Projects

Damen and AAAPropulsion join forces to ‘boost’ electric pod propulsion efficiency

The Netherlands-based shipbuilder Damen Shipyards Group has entered into an agreement with compatriot electric propulsion systems manufacturer AAAPropulsion to apply the latter company’s propulsion solution on the former’s electric tugs. As disclosed, the two partners have teamed up to see how AAAPr

about 10 months ago
Athena gas plant; Source: Amplitude Energy
Business Developments & Projects

More oil & gas drilling ops in the pipeline offshore Australia

Cooper Energy (CH), a subsidiary of Cooper Energy that rebranded itself as Amplitude Energy in November 2024, has submitted its environment plan (EP) to the Australian offshore regulator for drilling activities off the coast of Australia.

about 10 months ago
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